Deploying Opportunistic Data to Improve Anti-Money Laundering National Risk Assessments

Abstract

This paper outlines methods for anti-money laundering authorities to identify and deploy already extant or easily created databases to improve their National Risk Assessments (NRAs). NRAs are commonly used as an essential element in mutual evaluation reports prepared by the Financial Action Task Force

Keywords: Anti-money laundering, AML, national risk assessments, FATF

JEL Classification: C81, F53, F6,D83